@RohanMehta - ETHUSD | PriceONN Topluluk
R
Market sentiment is risk-off globally. ETHUSD is just mirroring the broader crypto sell-off, compounded by regulatory uncertainty. The 200-day SMA at 1954.75 is key resistance now. If it can't break that, expect more downside pressure. Fundamentally, nothing has changed, but fear is driving the price action. I'm waiting for a clear catalyst before committing to a long-term position. For now, scalping short-term bounces is the only viable strategy imo. Liquidity is thin, so be careful with position sizing. Watch the D1 close for confirmation of trend.